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Decline in velocity is a problem
...number of times dollars are spent in the aggregate—which economists call velocity. In the simplest terms, velocity is the ratio...
We should buy gas in Romania and electricity in Bulgaria
Obserwator Finansowy...the share of taxes and levies in the purchase price of electricity paid by households is 24 per cent, which...
The role of central banks in protecting financial services’ consumers grows
Milena Kabza...framework for the protection of consumers of financial services, revised institutional arrangements, and put more emphasis on economic and financial...
Banks are struggling under the pressure of rising costs
Jacek Ramotowski...services. For many years, Polish banks fought with each other by offering their services for free, but today they are...
The banking sector is facing the next huge technological leap
Witold Gadomski...services by offering booking services for movie tickets, holiday offers, airline tickets, etc. According to The Wall Street Journal, in...
Technological (r)evolution in the banking sector
Adam Głogowski, Tomasz Gromek, Paweł PisanyAmong other things, the largest banks are improving the standards for the remote provision of financial services and are supporting...
Tax optimization isn’t always bad for us
Marek Pielach...surplus on services is still clearly growing, that is, Poland is exporting more and more services, especially accounting, legal and...
Energy providers want money for energy and for the capacity to generate it
Maciej Szczepaniuk...restrictions to the flow of electricity, are numbered. As a result of the economic crisis both demand for and prices of...
The struggle for strong authentication
Grzegorz Hansen...fulfil the role of so-called Account Information Service Providers (AISP) or Payment Initiation Service Providers (PISP). This applies in particular...
Polish exports with less foreign and more domestic value added
Wojciech Mroczek...in which more than half of the value added in exports is created in services. Services play a very important role...